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Two-Unit Duplex with Separate Meters
For Sale
Contact for pricing
Pending

825-827 Elm Street, Springfield, OH 45503

Two residential units offer functional layouts with individually metered gas and electric service.

Property SizeContact for details
Days on Market226

Property Features for 825-827 Elm Street

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%
Net Operating Income $2,400

Units

Unit Mix 2 x 2BR/1.5BA
Multifamily Units 2

Additional Details

Average Monthly Rent $1,200

Building Details

Year Built 1912
Units 2
Tenancy Multi
Listing Agency: Coldwell Banker Heritage Roediger
Listed By: Cecilia Hill · License #2020007341
Source: Crexi
Added: Jan 17 Changed: Aug 30 Last Checked: Aug 30 at 5:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Heritage Roediger

Investment Insights

Based on property information with market context.

Built in 1912, this duplex contains two residential units, each arranged with two bedrooms and 1.5 baths. The layouts are described as comfortable and functional, providing a straightforward configuration for residential occupancy. Separate gas and electric meters serve the units, while the landlord covers water and trash expenses.

Both units are currently rented, and one side is scheduled to become vacant on January 31. That timing creates an owner-occupancy option while retaining a tenant in the other unit. Tenants’ rights apply, and showings require 48-hour notice.

Key Highlights

  • Two‑unit duplex built in 1912
  • Each unit includes 2 bedrooms and 1.5 baths
  • Separate gas and electric meters for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Locksmith Storage Facility Home Appliance Store Acupuncture (Bike/Boat/Book/etc) Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

703
Businesses Nearby

Demographics for 45503, OH

32,870
Population
15,458
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
89%
High-School Grad
17.5 sq mi
ZIP Area
1,878
Density / Sq Mi
$54,561
Median Household Income
$36,761
Median Earnings
$871
Median Rent
$153,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer functional layouts with individually metered gas and electric service.
Where is this duplex located?
The property is located at 825-827 Elm Street Springfield, OH.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1912; Each unit includes 2 bedrooms and 1.5 baths; Separate gas and electric meters for each unit
(937) 322-0352 Call to check price and availability
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